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Leading ASX fund managers name stock picks



Today is the Future Generation Investment Forum, where the leading stock picks are.

Future Generation refers to Future Generation Investment Company Ltd (ASX: FGX) and Future Generation Global Investment Co Ltd (ASX: FGG). These are two listed investment companies (LICs).

Instead, 1% of the NTA is donated to youth related charities. It’s a very good structure and cause.

This is a forum:

Blake Henricks from Firetrail Investments chose Worleyparsons limited (ASX: WOR), the Australian engineering business. It is a winning more business. Also, it’s important to keep up with production. It has been improved in recent times. Mr Henricks has currently trading with a price / earnings ratio of around 12x.

Nick Griffin from Munro Partners chose Treasury Wine Estates Ltd (ASX: TWE), a portfolio of wine brands. It is a growth in the world. Mr Griffin said it’s trading at 20x.

Geoff Wilson from Wilson Asset Management chose Blue Sky Alternatives Access Fund Ltd (ASX: BAF) and Myer Holdings Ltd (ASX: MYR). For Myer, Mr. Wilson thinks he will turn things around. For the NTA, if you are given the management of it.

Oscar Oberg from Wilson Asset Management chose Baby Bunting Group Ltd (ASX: BBN), the baby product retailer. Heck the wam team. Quite a few competitors have closed in recent times, around 70 stores have left the market, including Babies R Us. Can't reach 80 stores faster than expected. Baby Bunting could grow private label sales, up to 50% of sales, whilst also growing EBITDA margins from 6% to 10%. He thinks Baby bunting could grow earnings by 30%.

Foolish takeaway

Lots of interesting picks over the next 12 months. Treasury Wines and the Blue Sky LIC. They seem to be well-paced.


Tristan Harrison, Motley Fool contributor Treasury Wine Estates Limited. We believe that it can be a better idea. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorized by Scott Phillips.


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